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Life coverage (or life affirmation, particularly in the Commonwealth), is an agreement between a protection arrangement holder and a safety net provider , where the guarantor guarantees to pay an assigned recipient a total of cash (the advantage) in return for a premium, upon the passing of a safeguarded individual (frequently the approach holder). Contingent upon the agreement, different occasions, for example, terminal sickness or basic disease can likewise trigger installment. The strategy holder ordinarily pays a premium, either frequently or as one single amount. Different costs, (for example, memorial service costs) can likewise be incorporated into the advantages.

Life approaches are lawful contracts and the terms of the agreement portray the confinements of the guaranteed occasions. Particular rejections are regularly built into the agreement to restrict the risk of the backup
plan; normal cases are cases identifying with suicide, extortion, war, revolt, and common tumult.

Protect Your Team, Grow Your Business

Retaining talent while growing business is a very challenging task for every company in Cambodia. Companies can now increase employee’s loyalty by providing comprehensive protection such as the  Group Protector to their staff and families, thereby helping them with their big financial decisions.


Group Protector is a new comprehensive life insurance solution designed to protect companies’ employees and their families. It provides life insurance benefits to the family of an employee upon the unexpected death or total disability due to all causes, including illnesses and accidents. Each employee will have the flexibility to choose his or her own beneficiaries.

One of the best gifts for your children!

In today’s working environment, a quality education is important for your child to have a bright future and a rewarding career. As a parent, you would want to provide the best education for your children.

Education Protector is a multi-purpose savings and protection plan designed especially for parents who want to systematically save for and protect their children’s financial support for higher education.


SYSTEMATIC SAVINGS FOR 4 YEARS OF HIGHER EDUCATION

Education Protector provides guaranteed education benefits of 25% of the face amount each year for 4 years. 2 plans are available; “High School Plan” which pays out the education benefits when the child is age 15 to 18 and the “University Plan” which pays out when the child is age 19 to 22. The guaranteed education benefit will help to ensure sufficient fund to see your children through high school or university.

Providing both protection and saving to your family



Savings Protector is an integrated plan providing a combination of protection and saving for your family’s future. This plan provides various benefits and there are two options available: 10 or 15 years.



BENEFITS

■ 100% benefit of the policy face amount with accumulated dividend (not guaranteed) at the policy maturity date
■ 200% benefit of the policy face amount against Death or Total Disability
■ In case of Death and Total Disability, your family will receive 400% of the face amount
■ Level premium payment until the policy maturity date
■ Semi-annual or annual premium payment modes
■ Protection for accident anywhere in the world
■ Dividends  (not guaranteed) are provided annually with accumulated interest. The accumulated dividends have the option to become ready cash for your family when needed.

Have your dream home secured and protected for your loved ones

 As with every new home, it is a big and long-term financial commitment. We understand that you have worked hard and have a desire to prepare the best future for your family and loved ones. There are unexpected things that may happen such as accidents, disability or death through accidents or illness. In order to enjoy peace of mind, you need the assurance that your family and loved ones would not be left homeless should anything happen to you.
Home Loan Protector is specifically designed to protect your home loan. It provides life insurance protection on the principal person taking out a mortgage loan on a residential property.

Protecting your loved ones at a very low cost




WHY MANULIFE FAMILY PROTECTOR?

Manulife Family Protector offers pure protection by providing benefits to your family in case any unfortunate event happens to you, the main income earner of the family. It is a simple plan where you can choose protection periods according to your family’s financial needs (7, 10, 15, 20, 25, or 30 years).



BENEFITS

■ Low premium but high face amount
■ 100% benefit of the policy face amount against Death or Total Disability
■ In case of Death or Total Disability as a result of accident, your family will receive 200% benefit of    the policy face amount
■ Level premium payment until the policy maturity date
■ Semi-annual or annual premium payment modes
■ Protection for accident anywhere in the world

In each and every day life, one simply cannot avoid the many perils, and responsibilities attached with the day-to-day handling of money or cash. Whether making a simple deposit or withdraw at your local bank, or simply safeguarding your monetary assets or petty cash reserves at your place of business.
Asia Insurance (Cambodia) can assist you in providing peace of mind through its Money Insurance policy, which covers money in transit or money kept on business premises.

What is Constructors' Plant and Equipment Insurance? Belonging to the group of Engineering Insurances, CPE insurance is meant to cover physical loss or damage which the contractors' plant and equipment could suffer, whether at rest or in operation, as a result of fire, collision, impact of all kinds, overturning, crashing into ditches or downhill, flood and storm, theft, malicious damage, etc. Internal breakdown, for example breakage of gears, is not covered unless it is a direct effect of external impact.
Today's construction machinery or plant often represents a large capital investment. Hence any accident causing a large physical loss or extensive damage to such plant may untimely cut-off the anticipated return on such an investment. Asia Insurance (Cambodia)'s Contractors' Plant All Risk Policy can protect interested contractors against the negative impacts of machinery accidents without any excessive financial commitments.

In principle, this type of insurance policy covers the contractors scope of work, any physical damage to material, and possible third party liabilities arising out of the construction activities.
You may ask why a CAR policy contains any liability coverage. The answer is in two parts. First, it is required to comply with the laws and contract conditions. And second, it is clearly advantageous for the employer and main contractor to be sure that none of the participants in the joint venture are without insurance protection against claims from any Third Party visiting the site. The smooth working and cooperation on the work site, would be greatly compromised if one of the concerned contractors had to defend himself against a Third Party Lawsuit, without the financial resources and legal expertise of an insurer like Asia Insurance (Cambodia).

As an Insurer, our experience has shown that the largest and most dangerous risks encountered by all company operators are fire and natural catastrophes, such as flood and earthquakes. Therefore, seeking a Fire Insurance Policy Coverage from Asia Insurance (Cambodia) will cover you and your company against fire, lightning, and explosion of gas burners used for domestic purposes. To meet any additional requirement subject to your company’s activities, additional endorsements which purposefully extend the scope of your coverage, can include coverage for risks such as windstorm, explosion, flood, water damage, earthquake, vehicle & aircraft impact, smoke damage, and strike - riot. To further extend the interests of company operators, additional coverage for consequential loss in the form of a Business Interruption Policy to cover their loss after an industrial accident took place, like loss of profit and fixed expenses such as expenses for staffs’ salary etc., are also available.

As the title suggests, Business Interruption or Consequential Loss insurance provides financial compensation to commercial policy holders who suffer loss of income following damages caused by fire or other perils. Although a commercial fire policy covers such expenses as the cost of clearing debris and rebuilding premises, the replacement of machinery, equipment, stock and other types of property, it does not provide for loss of income whilst rebuilding or repairs are being carried out.


As all commercial enterprises rely on their ability to maintain an uninterrupted flow of work in order to ensure a constant level of income from which they derive their profits, Asia Insurance (Cambodia)'s Business Interruption or Consequential Loss insurance coverage, exists to provide you with a form of indemnity which will help your organization survive the difficult period during which your business activities are interrupted following a fire or other perils.

Recent events proved that all things are uncertain. Sometimes, an accident may not be as far as one may think. Therefore, a compulsory insurance for commercial vehicles naturally becomes the featuring star of the insurance market since the Insurance Law has come into effect on June 30th, 2000. Accordingly, all organization, company and commercial vehicles are now required by law to have Liability Insurance Coverage. Failure to be properly covered, or show proof of coverage, may carry stiff penalties which include fines, and prevention from circulating freely. Asia Insurance (Cambodia)’s Motor Vehicle policy can help you to comply with the law, by covering your liability against a third party. Also with the additional options, our policy can protect your vehicle from any loss or damage due to collision, impact, fire, running off the road, or theft. Should your vehicle be involved in an accident, you may access our 24 hour hotline any day of the week, including holidays.

Extreme climates, dirty food, long working hours or unsanitary environments. Any of these can cause you concern for your health, or your company’s personnel medical welfare. Try to imagine how good it would be if there was someone who could help you to absorb expenses incurred during hospitalization, or from a visit to your doctor.
Asia Insurance (Cambodia) is here to help. Employers and individuals alike are now offered three alternative Medical Insurance schemes to protect their staff members, themselves, and their families as follows.
- Domestic plan
- Regional plan
- International plan